🚨 MARKET ALERT: BlackRock Moves $250M+ in $BTC & $ETH
BlackRock has reportedly transferred 2,268 BTC(~$155M) and 45,324 ETH(~$90M) to Coinbase.
This large on-chain movement has sparked speculation across the crypto market.
🔎 Important Clarification: A transfer to an exchange does not automatically confirm a sell-off. Institutions often move assets for: • ETF-related inflows/outflows
• Portfolio rebalancing
• Liquidity management
• Custody adjustments
📊 While such movements can create short-term volatility, there is currently no confirmed evidence of an immediate market dump.
As always, monitor on-chain data, ETF flows, and volume confirmations before reacting to headlines.
Stay informed. Stay strategic. ⚡
#bitcoin #Ethereum #BlackRock #OnChain #MarketUpdate

BTC
65,518.24
-2.64%

ETH
1,917.92
-1.24%